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Strange Days Indeed

keith — Sat, 17 Apr 2010 10:41:51 +0000

While everyone seem to be involved in a Gold Rush Silver has been steadily growing in worth .
Although Silver has not grown at the same rate as gold it will probably never reach the dizzy heights of gold.
One investor tried to corner the market in silver but was eventually thwarted.

Gold has for centuries been THE hedge against inflation and recession.
So What is happening today - banks crashing only to be rescued by Governments fearful of losing public confidence - and yet the price of gold is slowly sliding downwards and upwards again.

In history gold has always soared during a crisis-
Banks worldwide are doing a pretty fair impersonation of tortoises grabbing all the money and not lending out

(despite government fury at slowing the efforts to kickstart economies again)

Airlines are mothballing planes instead of flying them through volcanic dust clouds.

What will happen next ?
Perhaps a Hung Parliament in Britain
(some would say that is a great idea ! I have some spare rope in the shed ....)

Dubai Gold Souk

keith — Fri, 16 Apr 2010 16:34:53 +0000

While most folks seem to be involved in a Gold Rush Silver has been steadily growing in worth .
Although Silver is still growing in value it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually foiled .

Dubai Gold Souk

If you are going through the Middle East then why not consider a stop-off in Dubai.

Dubai is known as the Gold Capital and prices are really good.

Gold is sold in Dubai by weight and you are expected to haggle.

But remember the dealers there spend all day - every day haggling !

Dubai has dozens of shopping malls (and yes they do accept credit cards ..)

A Souk is a cluster of shops where you can buy sell or exchange goods.
The Gold Souk in Dubai is exactly that.
Shop windows are packed with appealing gold in all forms to lure you inside.
Most things are different forms of Jewellery (mainly 24 Carat) and designs
are mainly aimed at Middle Eastern and Indian Clients.

It really does look like Aladdins Cave !

NATURAL MULTI COLOR AMAZONITE GEMSTONE PENDANT 1 3 4
US $.99

86mm12g FASHIONABLE 18K YELLOW GOLD GP BRACELET SOLID FILL GEP CHAIN LINK
US $8.00

85 Carven 18k Y W Gold GEP Chain Solid Fill Bracelet
US $8.50

Gift Heart Cut Blue Sapphire White Gold GP Fashion Jewelry Ring 6
US $.99

COFFEE BEAN TWIST 18K GOLD GEP SOLID FILL 24NECKLACE
US $8.99

So Elegant9K White Gold Filled Circle CZ Jewelry Set3 in 12012 S 088
US $3.80

Gold coins are of course also available ..

This makes them appear a litle ornate for some Western Tastes.
You will see many Indian customers in the Gold Souk

(but remember it is illegal to import gold into India ...)
Good Bargains in the Gold Souk are earrings,bangles,rings and necklaces.
The prices are among the lowest in the World.
There are no price tickets ! You really do have to haggle as jewellery is priced by weight and craftsmanship (mainly by weight).

While you are there you may well see lotteries with amazing prizes.
I bought tickets for a Mercedes and a Rolls Royce at the Airport

(but regrettably I did not win !)

There is also an outlet Mall at Dubai Outlet Mall offering discounts of 30% to 90% at Al Ain Road in Dubailand (route66) There are tens of thousands of reasons to shop at the Dubai Gold Souk

10 Reasons to invest in Gold

keith — Thu, 15 Apr 2010 12:44:35 +0000

While the world seem to be mad for gold Silver has been steadily growing in worth . Although Silver has not grown at the same rate as gold it will probably continue growing in value. One investor tried to corner the market in silver but was eventually foiled .